1031 BUYERS: PAY ATTENTION: If you're looking for rock solid long term commercial real estate income with the smallest possible management burden, this is your property. The property is 100% leased and occupied by National / International credit tenants on long term leases, located right next to the new Tesla dealership currently under construction. Both buildings have had substantial recent updating, including paint, re sealing parking lots, landscaping, lighting upgrades, and a custom remodel and interior updating for Fastenal in the rear building with lighting, Big Ass fans, and more. The front building (576 NE 23rd) is also thoroughly updated and leased on a 10 year N lease with large National and International guarantors, with years remaining on the roof warranty. There is A/C in the front office space of both buildings; warehouse space is not conditioned.
1031 BUYERS: PAY ATTENTION: If you're looking for rock solid long term commercial real estate income with the smallest possible management burden, this is your property. The property is 100% leased and occupied by National / International credit tenants on long term leases, located right next to the new Tesla dealership currently under construction. Both buildings have had substantial recent updating, including paint, re sealing parking lots, landscaping, lighting upgrades, and a custom remodel and interior updating for Fastenal in the rear building with lighting, Big Ass fans, and more. The front building (576 NE 23rd) is also thoroughly updated and leased on a 10 year N lease with large National and International guarantors, with years remaining on the roof warranty. There is A/C in the front office space of both buildings; warehouse space is not conditioned.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 22085.00
Garage and Parking
Garage Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Office Only
Road Frontage Type: State Road
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Country: US
Legal Description: LISA HEIGHTS PB E-76 LOT 40 OR 4177/0932
LISA HEIGHTS PB E-76 LOT 36 OR 4965/0170
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